We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as STR Capital.

CySEC Issues €90,000 Fine to Former FX and Binary Options Broker Operator Lionsman

JULY 5, 2017 —BY LEAPRATE STAFF – Cyprus financial regulator has issued a €90,000 fine to Lionsman Capital Markets (Cyprus) Ltd, which used to operated Forex and Binary Options brokerages. Lionsman used to own and operate the OptionWeb binary options and NessFX retail FX and CFDs websites, however quite a while ago those brands were offloaded to two other CySEC licensed entities – OptionWeb to Spot Capital Markets Limited, and NessFX to FxNet Limited. Learn more…